{"id":"https://openalex.org/W3037613340","doi":"https://doi.org/10.1080/24725854.2020.1785647","title":"Ranking and selection for terminating simulation under sequential sampling","display_name":"Ranking and selection for terminating simulation under sequential sampling","publication_year":2020,"publication_date":"2020-06-25","ids":{"openalex":"https://openalex.org/W3037613340","doi":"https://doi.org/10.1080/24725854.2020.1785647","mag":"3037613340"},"language":"en","primary_location":{"id":"doi:10.1080/24725854.2020.1785647","is_oa":false,"landing_page_url":"https://doi.org/10.1080/24725854.2020.1785647","pdf_url":null,"source":{"id":"https://openalex.org/S4210225672","display_name":"IISE Transactions","issn_l":"2472-5854","issn":["2472-5854","2472-5862"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IISE Transactions","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5066361885","display_name":"Hui Xiao","orcid":"https://orcid.org/0000-0003-0666-3633"},"institutions":[{"id":"https://openalex.org/I204831749","display_name":"Southwestern University of Finance and Economics","ror":"https://ror.org/04ewct822","country_code":"CN","type":"education","lineage":["https://openalex.org/I204831749"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Hui Xiao","raw_affiliation_strings":["Department of Management Science, School of Statistics, Southwestern University of Finance and Economics, Chengdu, China"],"affiliations":[{"raw_affiliation_string":"Department of Management Science, School of Statistics, Southwestern University of Finance and Economics, Chengdu, China","institution_ids":["https://openalex.org/I204831749"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5007751109","display_name":"Loo Hay Lee","orcid":"https://orcid.org/0000-0001-9359-0027"},"institutions":[{"id":"https://openalex.org/I165932596","display_name":"National University of Singapore","ror":"https://ror.org/01tgyzw49","country_code":"SG","type":"education","lineage":["https://openalex.org/I165932596"]}],"countries":["SG"],"is_corresponding":false,"raw_author_name":"Loo Hay Lee","raw_affiliation_strings":["Department of Industrial and Systems Engineering, National University of Singapore, Singapore"],"affiliations":[{"raw_affiliation_string":"Department of Industrial and Systems Engineering, National University of Singapore, Singapore","institution_ids":["https://openalex.org/I165932596"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5005835278","display_name":"Douglas J. Morrice","orcid":"https://orcid.org/0000-0001-8750-3820"},"institutions":[{"id":"https://openalex.org/I86519309","display_name":"The University of Texas at Austin","ror":"https://ror.org/00hj54h04","country_code":"US","type":"education","lineage":["https://openalex.org/I86519309"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Douglas Morrice","raw_affiliation_strings":["Red McCombs School of Business, The University of Texas at Austin, Austin, TX, USA"],"affiliations":[{"raw_affiliation_string":"Red McCombs School of Business, The University of Texas at Austin, Austin, TX, USA","institution_ids":["https://openalex.org/I86519309"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5017945484","display_name":"Chun\u2010Hung Chen","orcid":"https://orcid.org/0000-0001-7824-1814"},"institutions":[{"id":"https://openalex.org/I162714631","display_name":"George Mason University","ror":"https://ror.org/02jqj7156","country_code":"US","type":"education","lineage":["https://openalex.org/I162714631"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Chun-Hung Chen","raw_affiliation_strings":["Department of Systems Engineering & Operations Research, George Mason University, Fairfax, VA, USA"],"affiliations":[{"raw_affiliation_string":"Department of Systems Engineering & Operations Research, George Mason University, Fairfax, VA, USA","institution_ids":["https://openalex.org/I162714631"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5100606893","display_name":"Xiang Hu","orcid":"https://orcid.org/0000-0001-5329-6907"},"institutions":[{"id":"https://openalex.org/I165932596","display_name":"National University of Singapore","ror":"https://ror.org/01tgyzw49","country_code":"SG","type":"education","lineage":["https://openalex.org/I165932596"]}],"countries":["SG"],"is_corresponding":false,"raw_author_name":"Xiang Hu","raw_affiliation_strings":["Department of Industrial and Systems Engineering, National University of Singapore, Singapore"],"affiliations":[{"raw_affiliation_string":"Department of Industrial and Systems Engineering, National University of Singapore, Singapore","institution_ids":["https://openalex.org/I165932596"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5066361885"],"corresponding_institution_ids":["https://openalex.org/I204831749"],"apc_list":null,"apc_paid":null,"fwci":2.2292,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.88574291,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":98},"biblio":{"volume":"53","issue":"7","first_page":"735","last_page":"750"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11195","display_name":"Simulation Techniques and Applications","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11195","display_name":"Simulation Techniques and Applications","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11443","display_name":"Advanced Statistical Process Monitoring","score":0.991100013256073,"subfield":{"id":"https://openalex.org/subfields/1804","display_name":"Statistics, Probability and Uncertainty"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11159","display_name":"Manufacturing Process and Optimization","score":0.9896000027656555,"subfield":{"id":"https://openalex.org/subfields/2209","display_name":"Industrial and Manufacturing Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.696284294128418},{"id":"https://openalex.org/keywords/ranking","display_name":"Ranking (information retrieval)","score":0.6585440039634705},{"id":"https://openalex.org/keywords/selection","display_name":"Selection (genetic algorithm)","score":0.6447046995162964},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.6384074091911316},{"id":"https://openalex.org/keywords/budget-constraint","display_name":"Budget constraint","score":0.6228749752044678},{"id":"https://openalex.org/keywords/sampling","display_name":"Sampling (signal processing)","score":0.6103271245956421},{"id":"https://openalex.org/keywords/replication","display_name":"Replication (statistics)","score":0.5389675498008728},{"id":"https://openalex.org/keywords/constraint","display_name":"Constraint (computer-aided design)","score":0.534859299659729},{"id":"https://openalex.org/keywords/asymptotically-optimal-algorithm","display_name":"Asymptotically optimal algorithm","score":0.5018072128295898},{"id":"https://openalex.org/keywords/stochastic-simulation","display_name":"Stochastic simulation","score":0.47889724373817444},{"id":"https://openalex.org/keywords/heuristic","display_name":"Heuristic","score":0.4634755551815033},{"id":"https://openalex.org/keywords/normalization-property","display_name":"Normalization property","score":0.41834622621536255},{"id":"https://openalex.org/keywords/algorithm","display_name":"Algorithm","score":0.344188928604126},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.2197946310043335},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.19101077318191528},{"id":"https://openalex.org/keywords/machine-learning","display_name":"Machine learning","score":0.12837201356887817}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.696284294128418},{"id":"https://openalex.org/C189430467","wikidata":"https://www.wikidata.org/wiki/Q7293293","display_name":"Ranking (information retrieval)","level":2,"score":0.6585440039634705},{"id":"https://openalex.org/C81917197","wikidata":"https://www.wikidata.org/wiki/Q628760","display_name":"Selection (genetic algorithm)","level":2,"score":0.6447046995162964},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.6384074091911316},{"id":"https://openalex.org/C8505890","wikidata":"https://www.wikidata.org/wiki/Q605095","display_name":"Budget constraint","level":2,"score":0.6228749752044678},{"id":"https://openalex.org/C140779682","wikidata":"https://www.wikidata.org/wiki/Q210868","display_name":"Sampling (signal processing)","level":3,"score":0.6103271245956421},{"id":"https://openalex.org/C12590798","wikidata":"https://www.wikidata.org/wiki/Q3933199","display_name":"Replication (statistics)","level":2,"score":0.5389675498008728},{"id":"https://openalex.org/C2776036281","wikidata":"https://www.wikidata.org/wiki/Q48769818","display_name":"Constraint (computer-aided design)","level":2,"score":0.534859299659729},{"id":"https://openalex.org/C181789720","wikidata":"https://www.wikidata.org/wiki/Q4812191","display_name":"Asymptotically optimal algorithm","level":2,"score":0.5018072128295898},{"id":"https://openalex.org/C25915931","wikidata":"https://www.wikidata.org/wiki/Q4180825","display_name":"Stochastic simulation","level":2,"score":0.47889724373817444},{"id":"https://openalex.org/C173801870","wikidata":"https://www.wikidata.org/wiki/Q201413","display_name":"Heuristic","level":2,"score":0.4634755551815033},{"id":"https://openalex.org/C159333733","wikidata":"https://www.wikidata.org/wiki/Q7051809","display_name":"Normalization property","level":2,"score":0.41834622621536255},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.344188928604126},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2197946310043335},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.19101077318191528},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.12837201356887817},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.0},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.0},{"id":"https://openalex.org/C106131492","wikidata":"https://www.wikidata.org/wiki/Q3072260","display_name":"Filter (signal processing)","level":2,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C31972630","wikidata":"https://www.wikidata.org/wiki/Q844240","display_name":"Computer vision","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1080/24725854.2020.1785647","is_oa":false,"landing_page_url":"https://doi.org/10.1080/24725854.2020.1785647","pdf_url":null,"source":{"id":"https://openalex.org/S4210225672","display_name":"IISE Transactions","issn_l":"2472-5854","issn":["2472-5854","2472-5862"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IISE Transactions","raw_type":"journal-article"},{"id":"pmh:oai:scholarbank.nus.edu.sg:10635/191299","is_oa":false,"landing_page_url":"https://scholarbank.nus.edu.sg/handle/10635/191299","pdf_url":null,"source":{"id":"https://openalex.org/S7407052290","display_name":"National University of Singapore","issn_l":null,"issn":[],"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Taylor & Francis","raw_type":"Article"},{"id":"pmh:oai:RePEc:taf:uiiexx:v:53:y:2021:i:7:p:735-750","is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/24725854.2020.1785647","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G3128607360","display_name":null,"funder_award_id":"71601158","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G4955006832","display_name":null,"funder_award_id":"MOE2015-T2-2-005","funder_id":"https://openalex.org/F4320320751","funder_display_name":"Ministry of Education - Singapore"},{"id":"https://openalex.org/G5047243247","display_name":null,"funder_award_id":"71971176","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G6162278202","display_name":null,"funder_award_id":"ECCS-1462409","funder_id":"https://openalex.org/F4320306076","funder_display_name":"National Science Foundation"},{"id":"https://openalex.org/G6207414615","display_name":null,"funder_award_id":"CMMI-1462787","funder_id":"https://openalex.org/F4320306076","funder_display_name":"National Science Foundation"}],"funders":[{"id":"https://openalex.org/F4320306076","display_name":"National Science Foundation","ror":"https://ror.org/021nxhr62"},{"id":"https://openalex.org/F4320320751","display_name":"Ministry of Education - Singapore","ror":"https://ror.org/01kcva023"},{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":43,"referenced_works":["https://openalex.org/W1923722","https://openalex.org/W1536615069","https://openalex.org/W1968867201","https://openalex.org/W1972357824","https://openalex.org/W1974898730","https://openalex.org/W1975499472","https://openalex.org/W1977764678","https://openalex.org/W1995345059","https://openalex.org/W2000164994","https://openalex.org/W2013428582","https://openalex.org/W2015923411","https://openalex.org/W2024511950","https://openalex.org/W2027401518","https://openalex.org/W2037728958","https://openalex.org/W2040174083","https://openalex.org/W2041104376","https://openalex.org/W2046282120","https://openalex.org/W2047193217","https://openalex.org/W2054222839","https://openalex.org/W2056180403","https://openalex.org/W2058336269","https://openalex.org/W2062159087","https://openalex.org/W2076484985","https://openalex.org/W2115799946","https://openalex.org/W2129088710","https://openalex.org/W2134759675","https://openalex.org/W2143242804","https://openalex.org/W2144304907","https://openalex.org/W2152626185","https://openalex.org/W2180251445","https://openalex.org/W2312449412","https://openalex.org/W2500748105","https://openalex.org/W2531611812","https://openalex.org/W2601522716","https://openalex.org/W2773271314","https://openalex.org/W2794717456","https://openalex.org/W2963401353","https://openalex.org/W2970576388","https://openalex.org/W4210492122","https://openalex.org/W4212920552","https://openalex.org/W4230476912","https://openalex.org/W4237029372","https://openalex.org/W4242607347"],"related_works":["https://openalex.org/W1559627622","https://openalex.org/W4235686081","https://openalex.org/W2898087598","https://openalex.org/W1916623740","https://openalex.org/W4205713785","https://openalex.org/W3016766501","https://openalex.org/W4398287560","https://openalex.org/W2901033488","https://openalex.org/W4243665969","https://openalex.org/W2912116206"],"abstract_inverted_index":{"This":[0,20],"research":[1],"develops":[2],"an":[3,26],"efficient":[4],"ranking":[5],"and":[6,79],"selection":[7],"procedure":[8,105,125],"to":[9,24,52,127],"select":[10],"the":[11,30,40,55,58,74,90,109,113,121,124],"best":[12],"design":[13],"for":[14,85],"terminating":[15,44],"simulation":[16,59,64,76,83,91,99,104],"under":[17],"sequential":[18,47,103],"sampling.":[19],"approach":[21],"enables":[22],"us":[23],"obtain":[25],"accurate":[27],"estimate":[28],"of":[29,42,82,111,115,123],"mean":[31],"performance":[32],"at":[33],"a":[34,43,96,101],"particular":[35],"point":[36],"using":[37],"regression":[38],"in":[39],"case":[41],"simulation.":[45],"The":[46,61],"sampling":[48],"constraint":[49],"is":[50,70,106],"imposed":[51],"fully":[53],"utilize":[54],"information":[56],"along":[57],"replication.":[60],"asymptotically":[62],"optimal":[63,75,80],"budget":[65,92],"allocation":[66,93],"among":[67],"all":[68],"designs":[69],"derived":[71],"concurrently":[72],"with":[73,95,108],"run":[77],"length":[78],"number":[81],"groups":[84],"each":[86],"design.":[87],"To":[88],"implement":[89],"rule":[94],"fixed":[97],"finite":[98],"budget,":[100],"heuristic":[102],"suggested":[107],"objective":[110],"maximizing":[112],"probability":[114],"correct":[116],"selection.":[117],"Numerical":[118],"experiments":[119],"confirm":[120],"efficiency":[122],"relative":[126],"extant":[128],"approaches.":[129]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":6}],"updated_date":"2026-04-16T08:26:57.006410","created_date":"2025-10-10T00:00:00"}